Mid-America Real Estate Arranges Sale of Market Meadows in Naperville, Illinois
CHICAGO (June 8, 2021) – Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Market Meadows in Naperville, Illinois. The 159,472 square-foot grocery-anchored community center was sold to Chicago-based, Shorewood Development. A special thanks to Shorewood for their persistence on moving forward with the transaction, despite the many challenges that resulted from the Pandemic.
Market Meadows is positioned in the Chicago suburb of Naperville located 30 miles west of downtown Chicago in both DuPage County and Will County. The center is grocery-anchored by a high performing Jewel-Osco and was purchased for a major redevelopment of the shopping center.
Mid-America Real Estate Corporation Principal Rick Drogosz was the exclusive broker in the transaction on behalf of the seller, a California-based Private Seller.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Chicago, Ill. The company is the Midwest’s leading full-service retail real estate organization with offices in Oakbrook Terrace IL, Chicago, Milwaukee, Minneapolis and Detroit. For more information, call (630) 954-7300 or visit www.midamericagrp.com.